Spending by a country’s residents while travelling abroad, per capita in Iceland

Iceland: Spending by a country’s residents while travelling abroad, per capita was 4,534 current US$ per person in 2024. ▲ Rising

Latest (2024)
4,534 current US$ per person
Change on year
up 6.9%
World rank
7th
of 195 countries
All-time high
4,534 current US$ per person
in 2024
All-time low
1,160 current US$ per person
in 1996
Years of data
15
1996–2024

Spending by a country’s residents while travelling abroad, per capita in Iceland, 1996–2024

1.0k2.0k3.0k4.0k5.0k1996201020241996: 1.2k current US$ per person1997: 1.2k current US$ per person1998: 1.5k current US$ per person1999: 1.6k current US$ per person2002: 1.3k current US$ per person2003: 1.8k current US$ per person2004: 2.4k current US$ per person2005: 3.3k current US$ per person2006: 3.6k current US$ per person2007: 4.3k current US$ per person2020: 1.5k current US$ per person2021: 2.0k current US$ per person2022: 4.0k current US$ per person2023: 4.2k current US$ per person2024: 4.5k current US$ per person

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

Iceland recorded 4,534 current US$ per person for spending by a country’s residents while travelling abroad, per capita in 2024. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 6.9% on the previous year and up 212.3% over five years.

Over the whole period, spending by a country’s residents while travelling abroad, per capita in Iceland peaked at 4,534 current US$ per person in 2024 and was at its lowest, 1,160 current US$ per person, in 1996.

Iceland ranks 7th of 195 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 15 years of available data.

Spending by a country’s residents while travelling abroad, per capita in Iceland, year by year

Annual values for Spending by a country’s residents while travelling abroad, per capita in Iceland, 1996 to 2024.
Year current US$ per person Change
1996 1,160 current US$ per person —
1997 1,206 current US$ per person +4.0%
1998 1,456 current US$ per person +20.7%
1999 1,586 current US$ per person +9.0%
2002 1,297 current US$ per person -18.2%
2003 1,810 current US$ per person +39.5%
2004 2,393 current US$ per person +32.2%
2005 3,340 current US$ per person +39.5%
2006 3,568 current US$ per person +6.8%
2007 4,288 current US$ per person +20.2%
2020 1,452 current US$ per person -66.1%
2021 2,029 current US$ per person +39.8%
2022 3,952 current US$ per person +94.8%
2023 4,240 current US$ per person +7.3%
2024 4,534 current US$ per person +6.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,352 current US$ per person 1,160 current US$ per person 1,586 current US$ per person 4
2000s 2,783 current US$ per person 1,297 current US$ per person 4,288 current US$ per person 6
2020s 3,241 current US$ per person 1,452 current US$ per person 4,534 current US$ per person 5

Countries ranked near Iceland

  1. 4 Bermuda 5,533 current US$ per person compare
  2. 5 Singapore 5,181 current US$ per person compare
  3. 6 Cayman Islands 5,149 current US$ per person compare
  4. 8 Aruba 4,146 current US$ per person compare
  5. 9 Hong Kong 3,793 current US$ per person compare
  6. 10 Andorra 3,690 current US$ per person compare

See the full ranking of 195 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is spending by a country’s residents while travelling abroad, per capita in Iceland?
Spending by a country’s residents while travelling abroad, per capita in Iceland was 4,534 current US$ per person in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, per capita recorded in Iceland?
The highest recorded value was 4,534 current US$ per person in 2024.
What is the lowest spending by a country’s residents while travelling abroad, per capita recorded in Iceland?
The lowest recorded value was 1,160 current US$ per person in 1996.
How does Iceland rank for spending by a country’s residents while travelling abroad, per capita?
Iceland ranks 7th out of 195 countries with data for 2024.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, per capita. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, per capita in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-per-capita/iceland/

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How this figure is calculated

Spending by a country’s residents while travelling abroad divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by a country’s residents while travelling abroad ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by a country’s residents while travelling abroad, per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 4,550 data points, 1995–2024
Last refreshed

Spending by a country’s residents while travelling abroad divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.